Best Buy Fiscal Year 2022 ESG Report | 68 Program expansion. In FY22 we continued to expand our Responsible Sourcing Program into our Goods Not for Resale (GNFR) sourcing and our branded vendors. We have incorporated our due diligence for GNFR sourcing into a broader enterprise risk approach, providing greater visibility to the inherent risks in high-risk indirect supplier categories. Additionally, we delved deeper into a subset of high-risk branded vendors, providing critical insight for our business teams. When possible, we take a collaborative approach with these vendors to support and guide them in building out stronger management systems for their manufacturing supply chain. As we look toward the future, we will continue to broaden the scope of vendors we evaluate, hone in on the priority due diligence areas by key risk areas, and deepen the integration of this work into business decisions across the company. Allegations of forced labor. We take any allegations of forced labor seriously and work to investigate and resolve them quickly. We engage industry peers in both the retail and electronics sectors to discuss and, in some cases, develop leading practices for detecting, preventing and mitigating the risk of forced labor. We also work with trusted partners to conduct research and due diligence to identify where risk is present and further investigation is warranted. If conditions of forced labor are identified, it represents the most serious non-conformance, and corrective actions need to be implemented. We provide guidance and support and monitor the supplier’s progress and we ensure the issue is closed through a third-party follow-up audit. Throughout the due diligence and remediation process we seek to align with the UN Guiding Principles on Business and Human Rights. Responsible sourcing .
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